2 Bed Terraced House, Single Let, Ipswich, IP2 8DL, £145,000

Pauline Street, IP2 8DL - 7 months ago

Sold STC
BTL
ROI: 5%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£100K - £290K
Sold Prices/m²£1.3K/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£170,875
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Total Cash In

£45,100

 

 

Cash Out

 

Rent Range

£650 - £2,600

Rent Estimate

£803

Running Costs/mo

£634

Cashflow/mo

£169

Cashflow/yr

£2,031

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £100K to £290K, average is £170K. £1.3K/m² to £3.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£121.5K05/210.01 mi33, Pauline Street, Ipswich, Suffolk IP2 8DN2
£130K10/220.02 mi62, Pauline Street, Ipswich, Suffolk IP2 8DL2
£143K07/210.03 mi31, Pauline Street, Ipswich, Suffolk IP2 8DN2
£143K07/210.03 mi31, Pauline Street, Ipswich, Suffolk IP2 8DN2
£125K11/220.03 mi17, Pauline Street, Ipswich, Suffolk IP2 8DN2
£123K05/210.04 mi20, Turin Street, Ipswich, Suffolk IP2 8DQ2
£135K06/210.04 mi10, Pauline Street, Ipswich, Suffolk IP2 8DN2
£167.5K05/230.05 mi11, Bradley Street, Ipswich, Suffolk IP2 8DU2
£145K06/210.06 mi1, Ashley Street, Ipswich, Suffolk IP2 8DS2
£130K02/210.06 mi4, Ashley Street, Ipswich, Suffolk IP2 8DS2
£167K12/200.07 mi2, Littles Crescent, Ipswich, Suffolk IP2 8DP2
£203K11/220.07 mi52, Littles Crescent, Ipswich, Suffolk IP2 8DP2
£177.5K07/210.09 mi5, Brickfield Close, Ipswich, Suffolk IP2 8HJ2
£215K02/230.11 mi88, Rectory Road, Ipswich, Suffolk IP2 8EQ2
£112K06/230.12 mi30, Tyler Street, Ipswich, Suffolk IP2 8HF2
£220K02/230.13 mi18, Seymour Road, Ipswich, Suffolk IP2 8EN2
£140K12/200.13 mi104, Wherstead Road, Ipswich, Suffolk IP2 8JP2
£225K12/220.14 mi35, Martin Road, Ipswich, Suffolk IP2 8BJ2
£148K10/200.15 mi24, Rectory Road, Ipswich, Suffolk IP2 8EH2
£170K07/230.15 mi18, Philip Road, Ipswich, Suffolk IP2 8BH2
£100K12/220.16 mi23, Bulstrode Road, Ipswich, Suffolk IP2 8HA2
£170K07/210.19 mi16, Sinclair Drive, Ipswich, Suffolk IP2 8HZ2
£163K02/210.21 mi26, Philip Road, Ipswich, Suffolk IP2 8BQ2
£152K10/200.31 mi18, Cowell Street, Ipswich, Suffolk IP2 8LA2
£140K03/230.31 mi24, Maidenhall Approach, Ipswich, Suffolk IP2 8NX2
£200K08/210.52 mi154, Heatherhayes, Ipswich, Suffolk IP2 9SG2
£240K02/230.52 mi129, Heatherhayes, Ipswich, Suffolk IP2 9SG2
£260K03/230.58 mi2, Yew Court, Ipswich, Suffolk IP2 9TU2
£212K08/210.64 mi141, Back Hamlet, Ipswich, Suffolk IP3 8AW2
£220K02/230.64 mi1, Thornhayes Close, Ipswich, Suffolk IP2 9SB2
£190K06/210.66 mi11, Heatherhayes, Ipswich, Suffolk IP2 9DE2
£200K12/220.71 mi49, Ranelagh Road, Ipswich, Suffolk IP2 0AD2
£130K10/200.71 mi29, Ranelagh Road, Ipswich, Suffolk IP2 0AD2
£180K02/210.71 mi176, Ranelagh Road, Ipswich, Suffolk IP2 0AB2
£190K11/210.74 mi12, Mitre Way, Ipswich, Suffolk IP3 8DH2
£215K02/230.74 mi20, Mitre Way, Ipswich, Suffolk IP3 8DH2
£177.5K06/210.74 mi6, Mitre Way, Ipswich, Suffolk IP3 8DH2
£290K03/230.77 mi10, Oulton Road, Ipswich, Suffolk IP3 0QD2
£160K03/210.77 mi70, Woodbridge Road, Ipswich, Suffolk IP4 2NG2
£168.5K01/210.8 mi13, Cobbold Street, Ipswich, Suffolk IP4 2DN2
£230K07/230.84 mi46, St Georges Street, Ipswich, Suffolk IP1 3LH2
£190K04/210.86 mi12, Arthurs Terrace, Ipswich, Suffolk IP4 2NN2
£130K11/200.86 mi24, Cemetery Road, Ipswich, Suffolk IP4 2EP2
£180K07/210.88 mi63, Hawke Road, Ipswich, Suffolk IP3 0JD2
£179K06/210.88 mi18, Lancaster Road, Ipswich, Suffolk IP4 2NY2
£230K12/200.88 mi21, Palmerston Road, Ipswich, Suffolk IP4 2NU2
£185K01/210.89 mi67, Cullingham Road, Ipswich, Suffolk IP1 2EG2
£160K12/200.9 mi126, Robeck Road, Ipswich, Suffolk IP3 0HU2
£165K05/230.9 mi20, Hervey Street, Ipswich, Suffolk IP4 2ES2
£229K07/210.91 mi25, Nacton Road, Ipswich, Suffolk IP3 0NE2

Local Rents

49 rents from £650/mo to £2.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90004/240.02 miHartley Street, Ipswich, Suffolk, IP22
£1,00001/240.02 miHartley Street, Ipswich2
£82508/240.03 miPauline Street, Ipswich, IP22
£1,10004/240.05 mi-2
£90004/240.07 miCroft Street, Ipswich, IP22
£2,60005/240.07 mi-2
£79506/240.07 miShelley Street, Ipswich, IP22
£95007/240.09 miBruff Road, Ipswich, Suffolk, IP22
£1,10012/240.11 mi-2
£90004/240.11 miAustin Street, Ipswich, Suffolk2
£90005/240.11 miAustin Street, Ipswich, Suffolk2
£90006/240.11 miAustin Street, Ipswich, Suffolk2
£1,10007/240.15 miMartin Road, Ipswich, IP22
£97504/240.19 mi-2
£97503/240.19 mi-2
£92505/240.19 miStoke Street, IP2, Ipswich2
£90008/240.2 miBruff Road, Ipswich2
£1,10008/240.21 miPhilip Road, IPSWICH2
£87504/240.21 miWherstead Road, Ipswich, Suffolk, IP22
£85006/240.21 miWherstead Road, Ipswich2
£90006/240.22 miWherstead Road, Ipswich, Suffolk, IP22
£65006/240.22 miApt Wherstead Road, Ipswich, IP22
£85008/240.22 miWherstead Road, Ipswich, IP22
£85008/240.22 miWherstead Road, Ipswich, IP22
£1,00007/240.23 miStoke Quay, IP22
£95008/240.23 miStoke Quay, Ipswich, IP22
£82506/240.23 miRapier Street, IP22
£85007/240.23 miRapier Street, Ipswich, IP22
£98508/240.23 miStoke Quay, Ipswich2
£98509/240.23 miStoke Quay, Ipswich2
£80004/240.25 miStokebridge Maltings, Ipswich, IP22
£82501/240.28 miBelstead Avenue, Ipswich, Suffolk, IP22
£95008/240.29 miCowell Street, Ipswich, Suffolk, IP22
£1,15004/250.3 mi-2
£1,60004/240.32 miThe Winerack, Penthouse Apartment2
£95008/240.32 miCranfield Mill, College Street, Ipswich2
£1,05004/240.33 miCollege Street, IPSWICH2
£85007/240.33 miThe Mill, College Street, Ipswich, Suffolk, IP42
£1,00004/240.33 miFoundry The Mill, College Street, Ipswich2
£1,60004/240.34 miKey Street, The Winerack Key Street, IP42
£1,10006/240.34 miKey Street, IPSWICH2
£1,30009/240.34 miKey Street, IPSWICH2
£1,25008/240.34 miThe Shamrock, Ipswich2
£1,45006/240.34 miWinerack Apartments, Key Street, Ipswich2
£1,00001/240.34 miKey Street, Ipswich2
£1,10005/240.34 miThe Winerack, Ipswich2
£1,15009/240.34 miThe Winerack, Key Street, Ipswich2
£89506/240.35 miThe Mill2
£80005/240.36 miBurrell Road, Ipswich, IP22

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

0.85 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £145,000

January 27, 2025

Listed for £150,000

September 17, 2024

Floor Plans

Description

  • 2 Bedroom End Terrace +
  • No Onward Chain +
  • South Ipswich +
  • Gas Central Heating (Not Tested) +
  • Double Glazed +
  • 2 Reception Rooms +

No Onward Chain - 2 Bedroom End terrace situated on the South Side of Ipswich. Benefiting from Gas Central heating, Double Glazing, Layout of 2 reception rooms, Kitchen, Bathroom, 2 Bedrooms, Courtyard Garden. Ideally suit a Buy to Let investor or First Time Buyer, Good access into town and onto the A14

Agent Details

Beagle Property, Ipswich

01473 943766

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪